Thursday, June 16, 2016

Mixed energy news

Kiewit  layed off forty-five workers earlier this week at its Wyoming Buckskin Mine.  More bad news for coal.

The state's actually looking at filing suit on the moratorium on leases for coal on Federal land, a suit which won't bring any jobs to the table, coals struggles right now are economic, not regulatory, but showing how the whole issue raises distracting issues at the local level, that in turn end up in political campaigns.

On the flip-side, however, one of the local drilling companies is now advertising for hands, quite a change over recent trends  Perhaps reflecting a bet on the stabilization of oil at the current price?

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